Selling opportunity on GBP/JPY
Three confirmation :
- The rejection of the 0.50 Fibonacci level
- The precedent multiples retests on the lower timeframes of the resistance level which give us clear information that the market can't break it
- This could be the last swing low to reach the support level of the market and to swing back high after
Thank you.
- The rejection of the 0.50 Fibonacci level
- The precedent multiples retests on the lower timeframes of the resistance level which give us clear information that the market can't break it
- This could be the last swing low to reach the support level of the market and to swing back high after
Thank you.
Trade active
Trade going in our direction, a bit slow but looks good.Either way we placed our stop loss in positive so we get some before the week-end.
(only if it get back up)
Note
Trade in good profits, the market moved a lot during the night. Trailing once again my stop loss above the last high of the market so we can secure once again more profit to limit the risk.
Note
Trade going down to the same point as this morning, it was about tho hit our stop loss but we good. I once again pushed my stop loss down and down to secure money.
Trade closed: stop reached
Trade closed took profit at 50 pips because I don't want to hold it through the week-end.Thank you for following the idea. :)
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